NASDAQ$CRIS

Curis Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Curis reported a net loss for Q3 2022 and focused its resources on advancing emavusertib development.

Curis reported a net loss of $13.3 million for the third quarter of 2022, compared to a net loss of $11.1 million for the same period in 2021. The company is prioritizing the development of emavusertib and expects its cash runway to extend into 2025.

  • Curis is focusing its resources to drive the development of emavusertib.
  • Cash runway extended into 2025 due to reallocation of resources.
  • Data from the TakeAim Leukemia trial of emavusertib will be presented at ASH 2022.
  • FDA allowed enrollment to resume in the TakeAim Lymphoma study and in the monotherapy dose finding phase of the TakeAim Leukemia study.

Headline financials

Total Revenue

$2.83M

Previous: $3.04M-7.0%
EPS (adj)

-$2.80

Previous: -$2.40-16.7%
Capital Expenditures

-$416K

Previous: $0.00
Free Cash Flow

-$13.7M

Previous: -$11.1M-24.1%
Net Income

-$13.3M

Previous: -$11.1M-20.3%
Operating Income

-$12.6M

Previous: -$10M-25.5%
Gross Profit

$2.76M

Previous: $2.89M-4.3%
Cash & Equivalents

$29.9M

Previous: $53M-43.7%
Total Assets

$123M

Previous: $172M-28.6%
Stock-Based Comp

$1.32M

Previous: $1.46M-9.6%

Revenue & EPS history

Curis · Revenue · Quarterly

$2.83M

Q3 2022-7%vs Q3 2021
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

Curis · $2.84M total across 1 segment · Q3 2022

  • Royalties
    $2.84M-6.4%

Forward guidance

Curis expects that its existing cash, cash equivalents and investments should enable it to maintain its planned operations into 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-1.7%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+14.9%

Avg return

30 days after

37%

23 / 63 earnings

Positive

+46.2%

Q4 2017

Best reaction

-26.3%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.3%-4.6%
Q1 2026-9.5%-13.1%-23.7%
Q3 2025-7.2%-15.8%-7.5%
Q4 2024-9.5%-38.6%-32.4%
Q3 2024+0.5%-3.6%-9.2%
Q2 2024-8.8%-12.4%+0.9%
Q1 2024+1.1%-2.8%-40.2%
Q4 2023+10.9%+8.0%+11.8%
Q3 2023-3.0%+15.3%+151.8%
Q2 2023-11.5%-17.7%-26.6%
Q1 2023-0.6%+2.5%+6.2%
Q4 2022-10.9%-14.3%+31.7%
Q3 2022+5.1%+15.4%-1.3%
Q2 2022+2.0%+0.0%-7.1%
Q1 2022-12.6%+2.0%-6.0%
Q4 2021+9.2%+15.7%-15.4%
Q3 2021-0.7%-2.5%-21.1%
Q2 2021-6.9%-10.1%+13.9%
Q1 2021+33.0%+53.1%-18.5%
Q4 2020-1.7%+10.2%+10.8%
Q3 2020+12.0%+13.9%+647.2%
Q2 2020+16.8%+19.3%-16.0%
Q1 2020-12.0%-10.5%+55.8%
Q4 2019-7.1%-4.2%+9.7%
Q3 2019-26.3%-39.1%-24.3%
Q2 2019-21.3%-20.9%-18.3%
Q1 2019-1.6%-11.4%-22.7%
Q4 2018+5.8%+5.3%-5.8%
Q3 2018+5.5%-1.8%-47.2%
Q2 2018-9.8%-12.4%-12.4%
Q1 2018-10.8%-12.5%-11.1%
Q4 2017+46.2%+43.9%-5.3%
Q3 2017-11.3%-18.5%-44.4%
Q2 2017+0.0%-1.2%+21.5%
Q1 2017-11.7%-7.9%-10.7%
Q4 2016+16.1%+12.5%+2.0%
Q3 2016-3.6%+11.1%+20.2%
Q2 2016-1.7%+1.1%-3.4%
Q1 2016+7.3%
Q4 2015+0.7%
Q3 2015+2.4%
Q2 2015-9.7%
Q1 2015+4.6%
Q4 2014+0.3%
Q3 2014-0.8%
Q2 2014-7.8%
Q1 2014+0.0%
Q4 2013+11.4%
Q3 2013-25.2%
Q2 2013+3.0%
Q1 2013-9.4%
Q4 2012-4.0%
Q3 2012-3.4%
Q2 2012-0.9%
Q1 2011+2.9%
Q1 2012+0.6%
Q4 2011-1.9%
Q3 2011-6.8%
Q3 2010-6.8%
Q2 2011-10.6%
Q2 2010-10.6%
Q4 2010+2.4%
Q1 2010-6.7%

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